What is Shadow Banking? ft. INET's Perry Mehrling
Defining shadow banking is still a nightmare.
But at the recent shadow banking conference in London, FT Alphaville found one economic thinker who could illuminate what was really happening: INET economist Perry Mehrling. And his message, Alphaville’s David Keohane writes, was, “be not afraid of shadow banking.”
“Mehrling’s real point is that in order to regulate the SBS correctly there needs to be an understanding that it is a very significant source of credit and that we want to keep it, not kill it,” Keohane says.
For more of this in-depth look at Mehrling’s work:
Read more at FT alphaville
2013-02-06 10:49:19
Source: http://ineteconomics.org/blog/inet/what-shadow-banking-ft-inets-perry-mehrling
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).